Posted by: bj | August 17, 2022

Lincoln National Life Reports 163% Increase in Death Claims in 2021 versus 2020 because of Covid Vaccines

Fifth Largest Life Insurance Company Reports a “Catastrophic” 163% increase in deaths in 2021 Attributable to Vaccines

By Pamela Geller – on August 16, 2022

DEATHS ARE UP 40% AMONG WORKING PEOPLE. ‘JUST UNHEARD OF’ THE COMPANY CITES “NON-PANDEMIC-RELATED MORBIDITY” AND “UNUSUAL CLAIMS ADJUSTMENTS.” IN OTHER WORDS, THE VACCINE.

LINCOLN NATIONAL LIFE INSURANCE COMPANY’S EMPLOYER-PROVIDED GROUP LIFE INSURANCE POLICIES FOR EMPLOYEES AGES 18 THROUGH 64  PAID OUT $500 M IN DEATH BENEFITS IN 2019, THE YEAR BEFORE THE PANDEMIC,  AND  $548 MILLION, A 9% INCREASE IN THE 1ST YEAR OF THE PANDEMIC,   AND OUT $1.4 BILLION, IN  THE FIRST FULL YEAR OF THE VACCINE, IN WHICH ABOUT 90% OF THE ADULT POPULATION WERE VACCINATED, AND WHICH INCLUDED MANDATORY VACCINES FOR EMPLOYEES OF MANY COMPANIES).  THE $1.4 BILLION IN 2021 WAS A 163% INCREASE OVER THE AMOUNT PAID IN THE 1ST YEAR OF THE PANDEMIC.   LINCOLN NATIONAL STATED THAT THESE INCREASES WERE DUE TO “NON-PANDEMIC RELATED MORBIDITY” AND “UNUSUAL CLAIMS ADJUSTMENTS

ITS CEO OF ONE AMERICA LIFE INSURANCE COMPANY, SAID THAT “WE ARE SEEING, RIGHT NOW [IN 4TH QUARTER 2021] , THE HIGHEST DEATH RATE WE HAVE SEEN IN THE HISTORY OF THIS BUSINESS  — NOT JUST AT ONE AMERICA.   THE DATA IS CONSISTENT ACROSS EVERY PLAYER IN THAT BUSINESS.   [THE INCREASE IN DEATHS REPRESENTS ‘HUGE, HUGE NUMBERS,’ AND IT’S NOT ELDERLY PEOPLE WHO ARE DYING, BUT ‘PRIMARILY WORKING AGE PEOPLE 18-64’ WHO ARE THE EMPLOYEES OF COMPANIES THAT HAVE GROUP LIFE INSURANCE PLANS THROUGH ONE AMERICA]

AND WHAT WE SAW JUST IN THIRD QUARTER, [AND ARE SEEING IN] THE FOURTH QUARTER, IS THAT DEATH RATES ARE UP BY 40% OVER WHAT THEY WERE PRE-PANDEMIC.   JUST TO GIVE YOU AN IDEA OF HOW BAD THAT IS, A THREE SIGMA OR A ONE IN 200-YEAR CATASTROPHE WOULD BE 10% INCREASE OVER PRE-PANDEMIC . . . SO 40% IS JUST UNHEARD OF.”

=LINCOLN NATIONAL IS A LARGE LIFE INSURANCE COMPANY THAT’S SO OLD THAT WHEN IT WAS STARTED, THE FOUNDERS ACTUALLY ASKED ABRAHAM LINCOLN’S SON WHETHER IT WAS OKAY TO USE HIS FATHER’S LIKENESS IN THEIR COMPANY BRANDING.

BREAKING: Fifth largest life insurance company in the US paid out 163% more for deaths of working people ages 18-64 in 2021 – Total claims/benefits up $6 BILLION

Company cites “non-pandemic-related morbidity” and “unusual claims adjustments” in explanation of losses from group life insurance business: Stock falling, replaces CEO

THE ANNUAL STATEMENTS FOR LINCOLN NATIONAL LIFE INSURANCE COMPANY SHOW THAT THE COMPANY PAID OUT IN DEATH BENEFITS UNDER GROUP LIFE INSURANCE POLICES A LITTLE OVER $500 MILLION IN 2019, ABOUT $548 MILLION IN 2020, AND A STUNNING $1.4 BILLIONIN 2021.

FROM 2019, THE LAST NORMAL YEAR BEFORE THE PANDEMIC, TO 2020, THE YEAR OF THE COVID-19 VIRUS, THERE WAS AN INCREASE IN GROUP DEATH BENEFITS PAID OUT OF ONLY 9 PERCENT. BUT GROUP DEATH BENEFITS IN 2021, THE YEAR THE VACCINE WAS INTRODUCED, INCREASED ALMOST 164 PERCENT OVER 2020.

HERE ARE THE PRECISE NUMBERS FOR GROUP DEATH BENEFITS TAKEN FROM LINCOLN NATIONAL’S ANNUAL STATEMENTS FOR THE THREE YEARS:

2019: $500,888,808

2020: $547,940,260

2021: $1,445,350,949


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